UTStarcom (NASDAQ:UTSI) Research Coverage Started at StockNews.com

StockNews.com assumed coverage on shares of UTStarcom (NASDAQ:UTSI) in a research report sent to investors on Tuesday. The brokerage issued a sell rating on the Wireless communications provider’s stock.

UTStarcom Price Performance

NASDAQ UTSI opened at $2.65 on Tuesday. UTStarcom has a 1-year low of $1.84 and a 1-year high of $3.22. The stock has a 50-day moving average of $2.43 and a 200-day moving average of $2.61.

About UTStarcom

UTStarcom Holdings Corp. operates as a telecom infrastructure provider to develop technology for bandwidth from cloud-based services, mobile, streaming, and other applications in China, India, Japan, and internationally. Its products include converged packet transport, disaggregated router platform, packet transport network, packet aggregation network, multi-services access network, fiber to the X, carrier Wi-Fi solutions, and software defined network controller products.